Monday, November 15, 2010

Bernanke-BlackRock-etc holding trillions waiting someone else

Bernanke - BlackRock Doll etc are still hyping markets while US Debt is bubbling up -- suggesting that they are still holding multi-trillions of stocks waiting for someone else to buy from them.

Who are still naive and dump enough to again fool into market hype -- not insiders as they are selling at record high levels.

All what we have seen since Mar 2009 is hyping and pumping markets while literally robbing US Treasury in trillions. They are sitting on multi-trillions in profit, but they are still sitting on those stocks waiting for someone else so that they can dump their multi-trillions worth of stocks.




Insider Selling Jumps to a Record as Stocks Climb to Highest in Two Yearshttp://www.bloomberg.com/news/2010-11-11/insider-selling-jumps-to-a-record-as-stocks-reach-two-year-high.html


Bernanke-BlackRock-etc holding trillions waiting someone else
Bernanke - BlackRock Doll etc are still hyping markets while US Debt is bubbling up -- suggesting that they are still holding multi-trillions of stocks waiting for someone else to buy from them.

Who are still naive and dump enough to again fool into market hype -- not insiders as they are selling at record high levels.

~~~

Quote: bloomberg

Executives at 125 companies in the S&P 500 unloaded shares between Nov. 3 and Nov. 9, while sellers outnumbered buyers by more than 12 to 1. The readings are the highest based on data going back to January 2004, according to Princeton, New Jersey- based InsiderScore.com, which analyzes insider transactions disclosed to the Securities and Exchange Commission. Total net sales reached $4.5 billion, helped by Microsoft Corp. Chief Executive Officer Steve Ballmer’s divestment of about $1.34 billion in his first stock sale in seven years.

Insider Selling Hits All Time Record Of $4.5 Billion In Prior Week As Everyone Is Getting Out
Tyler Durden
on 11/11/2010 09:31 -0500


Insiders have officially marked the top of the stock market: last week's insider selling of all stocks (not just S&P) hit an all time record of $4.5 billion. This is the biggest weekly number ever recorded by tracking company InsiderScore.com: as Sentiment Trader highlights no other week before had more than $2 billion in net selling. Furthermore, selling in just S&P companies hit a whopping $2.8 billion: over 4 times more than the week prior! As such the ratio of insider selling to buying is now meaningless. Even Bloomberg, which traditionally just posts the data without providing commentary to it, highlighted this ridiculous outlier: "Insider selling at Standard & Poor’s 500 Index companies reached a record in the past week as executives took advantage of a two-year high in the stock-market to sell their shares." We hope those retail investors who dared to reemerge in the stock market and play some hot potatoes with the big boys, enjoy their brief profit as they once again end up being the biggest fools.

Here is a stunning chart of insider trading activity, courtesy of SentimentTrader:





Stocks rose Monday following a jump in October retail sales and a handful of M&A news. Robert Doll, chief equity strategist at BlackRock, shared his outlook.

“We’ve been so macro-focused that we’ve lost sight of the fact that despite a weakish economic recovery, corporate America’s done a pretty good job,” Doll told CNBC.

“Revenue growth is improving, earnings growth started improving before that...companies are raising dividends, buying back stocks, engaging in M&A and some are actually investing in their businesses.”

Doll said investors should have some exposure to global cyclicals, industrials, energy, selective techs, retailers and media stocks. In addition, he advised looking into health care and telecom names as a hedge against a weak recovery.

“We’re suffering a little indigestion: the China tightening, renewed concerns about credit in Europe, the hangover from the election and QE2 (Fed’s quantitative easing) — these sorts of things are weighing on the market,” he explained.

“The dollar’s oversold, commodities have extended a little far, so I think we’re taking a pause, but I don’t think the cyclical bull market’s over.”

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